Post
Topic
Board Speculation
Re: 2016 Bitcoin Predictions
by
azguard
on 10/04/2016, 14:28:31 UTC
Here are my Bitcoin price predictions:
1. BTC stable at around $400-$500 for the next few months.
2. 40-50% spike for block halving hype.
3. Retracement back down to $400-$500 level.
4. Slow rise to $700 per BTC once weak hands are out.

well i don't think that it will be stable till halving because if you would keep eye on price you would see that it's rising, but i think it is pretty real to see 50% spike because of halving, going back to low price because of sellers might be real too, but i think that at end of 2016 we wil see 800$ price atleast

i think the bitcoin price staying stable can continue as long as the big whales decide it needs to go on. they might not be satisfied with the amount they have accumulated so far. i have seen a couple of sell walls preventing the rise. but this all can change in one day.

just to maintain this stability and let it grow up to 30-40% it would be good for all of us